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Director/PDMR Shareholding

21st Apr 2026 14:14

RNS Number : 3572B
Weir Group PLC
21 April 2026
 

 

21 April 2026

The Weir Group PLC

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

 

The Weir Group PLC (the "Company") hereby announces that the restricted share awards over ordinary shares in the Company that were made in 2023 under The Weir Group Share Reward Plan vested on 18 April 2026. The vested shares were subsequently released to each of the PDMRs listed below on 20 April 2026, together with additional shares in respect of dividend equivalent payments. A portion of the shares acquired by each of the PDMRs was then sold automatically to cover each PDMR's tax liability in respect of acquisition of shares following the vesting of the share awards. The remaining vested shares are subject to a further retention period of two years during which the PDMR is not entitled to sell the shares or otherwise deal with them.

 

PDMR 

Shares vested

Dividend equivalent shares received

Total shares received

Shares sold to cover tax liability

Total shares acquired

Jon Stanton

52,600

2,004

54,604

25,580

29,024

Andrew Neilson

23,331

887

24,218

12,139

12,079

Sean Fitzgerald

22,497

857

23,354

8,979

14,375

Graham Vanhegan

16,061

610

16,671

8,307

8,364

Rosemary McGinness

16,061

610

16,671

8,356

8,315

Garry Fingland

16,061

610

16,671

8,356

8,315

Paula Cousins

11,333

430

11,763

5,896

5,867

 

This notification relates to a transaction notified in accordance with the Market Abuse Regulation, further details below:

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jon Stanton

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

2,004

£nil

52,600

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

25,580

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Andrew Neilson

2.

Reason for the notification

a)

Position/status

Division President

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

887

£nil

23,331

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

12,139

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Sean Fitzgerald

2.

Reason for the notification

a)

Position/status

Division President

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

857

£nil

22,497

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

8,979

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Graham Vanhegan

2.

Reason for the notification

a)

Position/status

Chief Legal Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

610

£nil

16,061

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

8,307

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Rosemary McGinness

2.

Reason for the notification

a)

Position/status

Chief People Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

610

£nil

16,061

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

8,356

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Garry Fingland

2.

Reason for the notification

a)

Position/status

Chief Information Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

610

£nil

16,061

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

8,356

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Paula Cousins

2.

Reason for the notification

a)

Position/status

Chief Strategy & Sustainability Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Weir Group PLC

b)

LEI

549300KDR56WHY9I3D10

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Transaction 1 - share vesting

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Vesting of awards granted in 2023 under The Weir Group Share Reward Plan, including dividend equivalent shares.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

430

£nil

11,333

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

Outside a trading venue

Transaction 2 - sale of shares to cover tax

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 12.5p each fully paid

 

GB0009465807

b)

Nature of the transaction

Sale of ordinary shares to cover the tax arising on the vesting of awards made in 2023 under The Weir Group Share Reward Plan.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£30.983098

5,896

d)

Aggregated information

- Aggregated volume

- Price

N/A Single transaction

e)

Date of the transaction

20 April 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)

 

For further information, please contact:

 

Jennifer Haddouk

Company Secretary

Telephone: 0141 308 3771

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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Related Shares:

Weir Group
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